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Green Hydrogen Market by Technology (Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer, and Solid Oxide Electrolyzer), Application (Power Generation, Transport, and Others), and End-Use Industry (Food & Beverages, Medical, Chemical, Petrochemicals, Glass, and Others): Global Opportunity Analysis and Industry Forecast 2021–2028

A11310
Pages: 265
May 2021 | 348 Views
 
Author(s) : Snehal Mohite, Rutuja Danekar , Eswara Prasad
Tables: 212
Charts: 65
 

COVID-19

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Green Hydrogen Market Outlook - 2028

Global green hydrogen market size was valued at $0.3 billion in 2020, and is projected to reach $9.8 billion by 2028, growing at a CAGR of 54.7% from 2021 to 2028. Green hydrogen is made from regenerative energy sources through water electrolysis. With the help of electric current, water is divided into oxygen and hydrogen in an electrolyzer and grey hydrogen derived from fossil fuels is differentiated (such as natural gas) and chemical properties of hydrogen are underappreciated. Hydrogen is safe for atmosphere and can be stored and converted into electricity or heat as required. Green hydrogen is a major component of energy equation and hydrogen is regarded as a primary potential renewable energy resource. It is one of the most important circular carbon economy (CCE) approaches as it is generated using solar energy. It is generated using renewable energy sources as compared to carbon-based energy found in natural gas and other fossil fuels.

The green hydrogen market was hampered in first and second quarter of 2020, owing to lockdown in major countries. However, the market recovered in the third and fourth quarter, majorly in North America and Europe regions.

Green hydrogen has been in high demand in recent years, owing to its ability to reduce carbon emissions. It also contributes toward meeting growing demand of energy across the globe. It is a sustainable energy source, hence its use is expected to increase in the future. Growth in awareness regarding the use of hydrogen as an energy carrier is expected to propel growth of the global market. In addition, growth in environmental issues drive the market expansion, highlighting the need for renewable/clean energy generation to reduce emission levels. Furthermore, rise in use of nuclear and green hydrogen fuels growth of the green hydrogen industry. However, initial investment requirements for setting up hydrogen infrastructure as well as prohibitive maintenance costs are the major factors that limit the green hydrogen market growth.

Green-Hydrogen--Market

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The global green hydrogen market is segmented on the basis of technology, application, end-use industry, and region. By technology, the market is classified into proton exchange membrane electrolyzer, alkaline electrolyzer, and solid oxide electrolyzer. By application, it is segmented into power generation, transport, and others. By end-use industry, it is divided into food & beverages, medical, chemical, petrochemicals, glass, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the key players operating in the global green hydrogen market are Ballard Power Systems, Enapter, Engie, Green Hydrogen Systems, Hydrogenics, Nikola Motors, Plug Power, SGH2 Energy Global LLC, Shell, and Siemens Gas and Power GmbH & Co. KG.

Global Green Hydrogen Market, by Technology

By technology, the alkaline electrolyzer segment has the largest market share, owing to its higher operating time capacity and low capital cost. In addition, the segment is expected to expand at a faster pace during the forecast period.

Green Hydrogen Market
By Technology

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Alkaline electrolyzer is projected as the most lucrative segment.

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Global Green Hydrogen Market, by Application

By application, the power generation segment dominated the market share for 2019, owing to demand from the industrial sector for on-site electrolyzer setup.

Green Hydrogen Market
By Application

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Power generation is projected as the most lucrative segment.

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Global Green Hydrogen Market, by End-Use Industry 

By end-use industry, the chemical sector is a major producer of by-product hydrogen, which is consumed within the sector as well as distributed for industrial use.

Green Hydrogen Market
By End-Use Industry

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Petrochemicals is projected as the most lucrative segment.

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Global Green Hydrogen Market, by Region

By region, among all regions, the global market is dominated by Europe. A large number of green hydrogen projects in the area are supporting business development. The area emphasizes renewable energy generation and has a large supply of hydrogen.

Green Hydrogen Market
By Region

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Europe holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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Impact Of Covid-19 On The Global Green Hydrogen Market

The green hydrogen industry was unaffected by COVID-19 disruption. However, coronavirus-related lockdowns posed a number of problems for industry participants, including disrupted supply chains, logistical difficulties in shipping end goods, and recruiting staff from quarantines.

In addition, the pandemic ensured a strong rise in renewable energy market, resulting in constant increase in energy demand. The renewable energy market grew steadily during 2020, owing to increase in energy demand from industrial sectors. Following relaxation of lockdown mandates in many countries, the green hydrogen market is quickly returning to normal and is expected to pick up even further. 

Key Benefits For Stakeholders

  • The report provides an in-depth analysis of the green hydrogen market forecast along with the current trends and future estimations.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the global market for strategy building.
  • A comprehensive green hydrogen market analysis covers factors that drive and restrain market growth.
  • The qualitative data in this report aims on market dynamics, trends, and developments.

Key Market Segments

By Technology

  • Proton exchange membrane electrolyzer
  • Alkaline electrolyzer
  • Solid oxide electrolyzer 

By Application 

  • Power generation
  • Transport
  • Others 

By End-use industry

  • Food & beverages
  • Medical
  • Chemical
  • Petrochemicals
  • Glass
  • Others 

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increase in concern toward reducing carbon emissions
3.4.1.2.Expansion of green hydrogen production technologies

3.4.2.Restraint

3.4.2.1.High capital cost of hydrogen energy storage

3.4.3.Opportunity

3.4.3.1.Favorable government policies encouraging electric vehicles

3.5.Patent analysis

3.5.1.Patent analysis by country (2015-2020)

3.6.Impact of government rules and regulations
3.7.Impact of corona (COVID-19) outbreak on the global green hydrogen market
3.8.Pricing analysis

CHAPTER 4:GREEN HYDROGEN MARKET, BY TECHNOLOGY

4.1.Overview

4.1.1.Market size and forecast

4.2.Proton exchange membrane electrolyzer

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Alkaline electrolyzer

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Solid oxide electrolyzer

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

CHAPTER 5:GREEN HYDROGEN MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Power generation

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Transport

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.others

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country

CHAPTER 6:GREEN HYDROGEN MARKET, BY END-USE INDUSTRY

6.1.Overview

6.1.1.Market size and forecast

6.2.Food & beverages

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market share analysis, by country

6.3.Medical

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country

6.4.Chemical

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market share analysis, by country

6.5.Petrochemicals

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market share analysis, by country

6.6.Glass

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market share analysis, by country

6.7.Others

6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market share analysis, by country

CHAPTER 7:GREEN HYDROGEN MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by technology
7.2.3.Market size and forecast, by application
7.2.4.Market size and forecast, by end-use industry
7.2.5.Market size and forecast, by country
7.2.6.U.S.

7.2.6.1.Market size and forecast, by technology
7.2.6.2.Market size and forecast, by application
7.2.6.3.Market size and forecast, by end-use industry

7.2.7.Canada

7.2.7.1.Market size and forecast, by technology
7.2.7.2.Market size and forecast, by application
7.2.7.3.Market size and forecast, by end-use industry

7.2.8.Mexico

7.2.8.1.Market size and forecast, by technology
7.2.8.2.Market size and forecast, by application
7.2.8.3.Market size and forecast, by end-use industry

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by technology
7.3.3.Market size and forecast, by application
7.3.4.Market size and forecast, by end-use industry
7.3.5.Market size and forecast, by country
7.3.6.Germany

7.3.6.1.Market size and forecast, by technology
7.3.6.2.Market size and forecast, by application
7.3.6.3.Market size and forecast, by end-use industry

7.3.7.UK

7.3.7.1.Market size and forecast, by technology
7.3.7.2.Market size and forecast, by application
7.3.7.3.Market size and forecast, by end-use industry

7.3.8.France

7.3.8.1.market size and forecast, by technology
7.3.8.2.Market size and forecast, by application
7.3.8.3.Market size and forecast, by end-use industry

7.3.9.Spain

7.3.9.1.Market size and forecast, by technology
7.3.9.2.Market size and forecast, by application
7.3.9.3.Market size and forecast, by end-use industry

7.3.10.Rest of Europe

7.3.10.1.Market size and forecast, by technology
7.3.10.2.Market size and forecast, by application
7.3.10.3.Market size and forecast, by end-use industry

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by technology
7.4.3.Market size and forecast, by application
7.4.4.Market size and forecast, by end-use industry
7.4.5.Market size and forecast, by country
7.4.6.China

7.4.6.1.Market size and forecast, by technology
7.4.6.2.Market size and forecast, by application
7.4.6.3.Market size and forecast, by end-use industry

7.4.7.Japan

7.4.7.1.Market size and forecast, by technology
7.4.7.2.Market size and forecast, by application
7.4.7.3.Market size and forecast, by end-use industry

7.4.8.India

7.4.8.1.Market size and forecast, by technology
7.4.8.2.Market size and forecast, by application
7.4.8.3.Market size and forecast, by end-use industry

7.4.9.South Korea

7.4.9.1.Market size and forecast, by technology
7.4.9.2.Market size and forecast, by application
7.4.9.3.Market size and forecast, by end-use industry

7.4.10.Rest of Asia-Pacific

7.4.10.1.Market size and forecast, by technology
7.4.10.2.Market size and forecast, by application
7.4.10.3.Market size and forecast, by end-use industry

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by technology
7.5.3.Market size and forecast, by application
7.5.4.Market size and forecast, by end-use industry
7.5.5.Market size and forecast, by country
7.5.6.Brazil

7.5.6.1.Market size and forecast, by technology
7.5.6.2.Market size and forecast, by application
7.5.6.3.Market size and forecast, by end-use industry

7.5.7.Saudi Arabia

7.5.7.1.Market size and forecast, by technology
7.5.7.2.Market size and forecast, by application
7.5.7.3.Market size and forecast, by end-use industry

7.5.8.South Africa

7.5.8.1.Market size and forecast, by technology
7.5.8.2.Market size and forecast, by end-use industry

7.5.9.Rest of LAMEA

7.5.9.1.Market size and forecast, by technology
7.5.9.2.Market size and forecast, by application
7.5.9.3.Market size and forecast, by end-use industry

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.INTRODUCTION

8.1.1.MARKET PLAYER POSITIONING, 2019

8.2.TOP WINNING STRATEGIES

8.2.1.Top winning strategies, by year
8.2.2.Top winning strategies, by development
8.2.3.Top winning strategies, by company

8.3.PRODUCT MAPPING OF TOP 10 PLAYER
8.4.COMPETITIVE HEATMAP
8.5.KEY DEVELOPMENTS

8.5.1.New product launches
8.5.2.Expansions
8.5.3.Mergers and acquisition
8.5.4.Agreement
8.5.5.Collaboration
8.5.6.Partnership

CHAPTER 9:COMPANY PROFILES:

9.1.AIR LIQUIDE

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Business performance
9.1.6.Key strategic moves and developments

9.2.Ballard Power Systems

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Product portfolio
9.2.4.Business performance
9.2.5.Key strategic moves and developments

9.3.Enapter

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Product portfolio
9.3.4.Business performance
9.3.5.Key strategic moves and developments

9.4.Engie

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio
9.4.5.Business performance
9.4.6.Key strategic moves and developments

9.5.Green Hydrogen Systems

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Product portfolio

9.6.NEXT HYDROGEN

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Product portfolio

9.7.PLUG POWER, INC.

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Product portfolio
9.7.4.Business performance
9.7.5.Key strategic moves and developments

9.8.ROYAL DUTCH SHELL PLC.

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product portfolio
9.8.5.Business performance

9.9.SGH2 Energy Global LLC

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product portfolio
9.9.4.Key strategic moves and developments

9.10.SIEMENS ENERGY Global GmbH & Co. KG. AG

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product portfolio
9.10.5.Business performance
9.10.6.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GREEN HYDROGEN PRICING FORECAST BY TECHNOLOGY,2020–2028 ($/TON)
TABLE 02.GREEN HYDROGEN PRICING FORECAST BY REGION,2020–2028 ($/TON)
TABLE 03.GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 04.GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 05.GREEN HYDROGEN MARKET FOR PROTON EXCHANGE MEMBRANE ELECTROLYZER, BY REGION, 2020–2028(TONS)
TABLE 06.GREEN HYDROGEN MARKET FOR PROTON EXCHANGE MEMBRANE ELECTROLYZER, BY REGION, 2020–2028 ($MILLION)
TABLE 07.GREEN HYDROGEN MARKET FOR ALKALINE ELECTROLYZER, BY REGION, 2020–2028(TONS)
TABLE 08.GREEN HYDROGEN MARKET FOR ALKALINE ELECTROLYZER , BY REGION, 2020–2028 ($MILLION)
TABLE 09.GREEN HYDROGEN MARKET FOR SOLID OXIDE ELECTROLYZER, BY REGION, 2020–2028(TONS)
TABLE 10.GREEN HYDROGEN MARKET FOR SOLID OXIDE ELECTROLYZER, BY REGION, 2020–2028 ($MILLION)
TABLE 11.GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 12.GREEN HYDROGEN MARKET, BY FABRIC TYPE, 2020–2028 ($MILLION)
TABLE 13.GREEN HYDROGEN MARKET FOR POWER GENERATION, BY REGION, 2020–2028(TONS)
TABLE 14.GREEN HYDROGEN MARKET FOR POWER GENERATION, BY REGION, 2020–2028 ($MILLION)
TABLE 15.GREEN HYDROGEN MARKET FOR TRANSPORT, BY REGION, 2020–2028(TONS)
TABLE 16.GREEN HYDROGEN MARKET FOR THERMOPLASTIC, BY REGION, 2020–2028 ($MILLION)
TABLE 17.GREEN HYDROGEN MARKET FOR OTHERS, BY REGION, 2020–2028(TONS)
TABLE 18.GREEN HYDROGEN MARKET FOR OTHERS, BY REGION, 2020–2028 ($MILLION)
TABLE 19.GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 20.GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 21.GREEN HYDROGEN MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2028(TONS)
TABLE 22.GREEN HYDROGEN MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2028 ($MILLION)
TABLE 23.GREEN HYDROGEN MARKET FOR MEDICAL, BY REGION, 2020–2028(TONS)
TABLE 24.GREEN HYDROGEN MARKET FOR MEDICAL, BY REGION, 2020–2028 ($MILLION)
TABLE 25.GREEN HYDROGEN MARKET FOR CHEMICAL, BY REGION, 2020–2028(TONS)
TABLE 26.GREEN HYDROGEN MARKET FOR CHEMICAL, BY REGION, 2020–2028 ($MILLION)
TABLE 27.GREEN HYDROGEN MARKET FOR PETROCHEMICALS, BY REGION, 2020–2028(TONS)
TABLE 28.GREEN HYDROGEN MARKET FOR PETROCHEMICALS, BY REGION, 2020–2028 ($MILLION)
TABLE 29.GREEN HYDROGEN MARKET FOR GLASS, BY REGION, 2020–2028(TONS)
TABLE 30.GREEN HYDROGEN MARKET FOR GLASS, BY REGION, 2020–2028 ($MILLION)
TABLE 31.GREEN HYDROGEN MARKET FOR OTHERS, BY REGION, 2020–2028(TONS)
TABLE 32.GREEN HYDROGEN MARKET FOR OTHERS, BY REGION, 2020–2028 ($MILLION)
TABLE 33.GREEN HYDROGEN MARKET, BY REGION 2020–2028(TONS)
TABLE 34.GREEN HYDROGEN MARKET, BY REGION 2020–2028 ($MILLION)
TABLE 35.NORTH AMERICA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 36.NORTH AMERICA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 37.NORTH AMERICA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 38.NORTH AMERICA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 39.NORTH AMERICA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 40.NORTH AMERICA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 41.NORTH AMERICA GREEN HYDROGEN MARKET, BY COUNTRY 2020–2028(TONS)
TABLE 42.NORTH AMERICA GREEN HYDROGEN MARKET, BY COUNTRY 2020–2028 ($MILLION)
TABLE 43.U.S. GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 44.U.S. GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 45.U.S. GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 46.U.S. GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 47.U.S. GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 48.U.S. GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 49.CANADA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 50.CANADA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 51.CANADA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 52.CANADA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 53.CANADA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 54.CANADA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 55.MEXICO GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 56.MEXICO GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 57.MEXICO GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 58.MEXICO GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 59.MEXICO GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 60.MEXICO GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 61.EUROPE GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 62.EUROPE GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 63.EUROPE GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 64.EUROPE GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 65.EUROPE GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 66.EUROPE GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 67.EUROPE GREEN HYDROGEN MARKET, BY COUNTRY 2020–2028(TONS)
TABLE 68.EUROPE GREEN HYDROGEN MARKET, BY COUNTRY 2020–2028 ($MILLION)
TABLE 69.GERMANY GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 70.GERMANY GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 71.GERMANY GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 72.GERMANY GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 73.GERMANY GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 74.GERMANY GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 75.UK GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 76.UK GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 77.UK GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 78.UK GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 79.UK GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 80.UK GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 81.FRANCE GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 82.FRANCE GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 83.FRANCE GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 84.FRANCE GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 85.FRANCE GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 86.FRANCE GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 87.SPAIN GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 88.SPAIN GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 89.SPAIN GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 90.SPAIN GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 91.SPAIN GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 92.SPAIN GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 93.REST OF EUROPE GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 94.REST OF EUROPE GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 95.REST OF EUROPE GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 96.REST OF EUROPE GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 97.REST OF EUROPE GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 98.REST OF EUROPE GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 99.ASIA-PACIFIC GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 100.ASIA-PACIFIC GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 101.ASIA-PACIFIC GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 102.ASIA-PACIFIC GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 103.ASIA-PACIFIC GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 104.ASIA-PACIFIC GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 105.ASIA-PACIFIC GREEN HYDROGEN MARKET, BY COUNTRY 2020–2028(TONS)
TABLE 106.ASIA-PACIFIC GREEN HYDROGEN MARKET, BY COUNTRY 2020–2028 ($MILLION)
TABLE 107.CHINA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 108.CHINA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 109.CHINA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 110.CHINA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 111.CHINA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 112.CHINA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 113.JAPAN GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 114.JAPAN GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 115.JAPAN GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 116.JAPAN GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 117.JAPAN GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 118.JAPAN GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 119.INDIA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 120.INDIA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 121.INDIA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 122.INDIA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 123.INDIA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 124.INDIA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 125.SOUTH KOREA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 126.SOUTH KOREA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 127.SOUTH KOREA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 128.SOUTH KOREA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 129.SOUTH KOREA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 130.SOUTH KOREA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 131.REST OF ASIA-PACIFIC GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 132.REST OF ASIA-PACIFIC GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 133.REST OF ASIA-PACIFIC GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 134.REST OF ASIA-PACIFIC GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 135.REST OF ASIA-PACIFIC GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 136.REST OF ASIA-PACIFIC GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 137.LAMEA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 138.LAMEA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 139.LAMEA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 140.LAMEA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 141.LAMEA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 142.LAMEA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 143.LAMEA GREEN HYDROGEN MARKET, BY COUNTRY 2020–2028(TONS)
TABLE 144.LAMEA GREEN HYDROGEN MARKET, BY COUNTRY 2020–2028 ($MILLION)
TABLE 145.BRAZIL GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 146.BRAZIL GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 147.BRAZIL GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 148.BRAZIL GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 149.BRAZIL GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 150.BRAZIL GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 151.SAUDI ARABIA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 152.SAUDI ARABIA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 153.SAUDI ARABIA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 154.SAUDI ARABIA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 155.SAUDI ARABIA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 156.SAUDI ARABIA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 157.SOUTH AFRICA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 158.SOUTH AFRICA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 159.SOUTH AFRICA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 160.SOUTH AFRICA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 161.SOUTH AFRICA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 162.SOUTH AFRICA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 163.REST OF LAMEA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028(TONS)
TABLE 164.REST OF LAMEA GREEN HYDROGEN MARKET, BY TECHNOLOGY, 2020–2028 ($MILLION)
TABLE 165.REST OF LAMEA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028(TONS)
TABLE 166.REST OF LAMEA GREEN HYDROGEN MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 167.REST OF LAMEA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028(TONS)
TABLE 168.REST OF LAMEA GREEN HYDROGEN MARKET, BY END-USE INDUSTRY, 2020–2028 ($MILLION)
TABLE 169.KEY NEW PRODUCT LAUNCHES (2018-2020)
TABLE 170.KEY EXPANSIONS (2018-2020)
TABLE 171.KEY MERGERS AND ACQUISITION (2018-2020)
TABLE 172.AGREEMENT (2018-2020)
TABLE 173.COLLABORATION (2018-2020)
TABLE 174.PARTNERSHIP (2018-2020)
TABLE 175.AIR LIQUIDE: COMPANY SNAPSHOT
TABLE 176.AIR LIQUIDE: OPERATING SEGMENTS
TABLE 177.AIR LIQUIDE: PRODUCT PORTFOLIO
TABLE 178.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 179.AIR LIQUIDE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 180.BALLARD POWER SYSTEMS: COMPANY SNAPSHOT
TABLE 181.BALLARD POWER SYSTEMS: PRODUCT PORTFOLIO
TABLE 182.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 183.BALLARD POWER SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 184.ENAPTER: COMPANY SNAPSHOT
TABLE 185.ENAPTER: PRODUCT PORTFOLIO
TABLE 186.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 187.ENAPTER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 188.ENGIE : COMPANY SNAPSHOT
TABLE 189.ENGIE : OPERATING SEGMENTS
TABLE 190.ENGIE : PRODUCT PORTFOLIO
TABLE 191.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 192.ENGIE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 193.GREEN HYDROGEN SYSTEMS: COMPANY SNAPSHOT
TABLE 194.GREEN HYDROGEN SYSTEMS: PRODUCT PORTFOLIO
TABLE 195.NEXT HYDROGEN: COMPANY SNAPSHOT
TABLE 196.NEXT HYDROGEN: PRODUCT PORTFOLIO
TABLE 197.PLUG POWER: COMPANY SNAPSHOT
TABLE 198.PLUG POWER: PRODUCT PORTFOLIO
TABLE 199.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 200.PLUG POWER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 201.ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT
TABLE 202.ROYAL DUTCH SHELL PLC: OPERATING SEGMENTS
TABLE 203.ROYAL DUTCH SHELL PLC: PRODUCT PORTFOLIO
TABLE 204.ROYAL DUTCH SHELL PLC: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 205.SGH2: COMPANY SNAPSHOT
TABLE 206.SGH2: PRODUCT PORTFOLIO
TABLE 207.SGH2: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 208.SIEMENS ENERGY: COMPANY SNAPSHOT
TABLE 209.SIEMENS ENERGY: OPERATING SEGMENTS
TABLE 210.SIEMENS ENERGY: PRODUCT PORTFOLIO
TABLE 211.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 212.SIEMENS ENERGY: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.GLOBAL GREEN HYDROGEN MARKET SEGMENTATION
FIGURE 02.TOP INVESTMENT POCKETS, BY TECHNOLOGY (2019)
FIGURE 03.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 04.LOW BARGAINING POWER OF BUYERS
FIGURE 05.MODERATE THREAT OF NEW ENTRANTS
FIGURE 06.MODERATE THREAT OF SUBSTITUTES
FIGURE 07.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 08.GREEN HYDROGEN MARKET DYNAMICS
FIGURE 09.PATENT ANALYSIS, BY COUNTRY
FIGURE 10.GREEN HYDROGEN MARKET REVENUE, BY TECHNOLOGY, 2020–2028($MILLION)
FIGURE 11.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR PROTON EXCHANGE MEMBRANE ELECTROLYZER, BY COUNTRY, 2020–2028($MILLION)
FIGURE 12.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR ALKALINE ELECTROLYZER, BY COUNTRY, 2020–2028 ($MILLION)
FIGURE 13.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR SOLID OXIDE ELECTROLYZER, BY COUNTRY, 2020–2028($MILLION)
FIGURE 14.GREEN HYDROGEN MARKET REVENUE, BY APPLICATION 2020–2028, ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR POWER GENERATION, BY COUNTRY, 2020–2028 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR TRANSPORT, BY COUNTRY, 2020–2028 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR OTHERS, BY COUNTRY, 2020–2028 ($MILLION)
FIGURE 18.GREEN HYDROGEN MARKET REVENUE, BY END-USE INDUSTRY 2020–2028, ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR FOOD & BEVERAGES, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR MEDICAL, BY COUNTRY,  2020–2028 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR CHEMICAL, BY COUNTRY,  2020–2028 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR PETROCHEMICALS, BY COUNTRY,  2020–2028 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR GLASS, BY COUNTRY, 2020–2028 ($MILLION)
FIGURE 24.COMPARATIVE ANALYSIS OF GREEN HYDROGEN MARKET FOR OTHERS, BY COUNTRY, 2020–2028 ($MILLION)
FIGURE 25.U.S. REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 26.CANADA REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 27.MEXICO REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 28.GERMANY REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 29.UK REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 30.FRANCE REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 31.SPAIN REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 32.REST OF EUROPE REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 33.CHINA REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 34.JAPAN REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 35.INDIA REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 36.SOUTH KOREA REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 37.REST OF ASIA-PACIFIC REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 38.BRAZIL REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 39.SAUDI ARABIA REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 40.SOUTH AFRICA REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 41.REST OF LAMEA REVENUE FOR GREEN HYDROGEN 2020–2028, ($MILLION)
FIGURE 42.MARKET PLAYER POSITIONING, 2019
FIGURE 43.TOP WINNING STRATEGIES, BY YEAR, 2018–2020
FIGURE 44.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2020 (%)
FIGURE 45.TOP WINNING STRATEGIES, BY COMPANY, 2018–2020
FIGURE 46.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 47.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 48.AIR LIQUIDE: REVENUE, 2018–2020 ($MILLION)
FIGURE 49.AIR LIQUIDE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 50.AIR LIQUIDE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 51.BALLARD POWER SYSTEMS: REVENUE, 2017–2020 ($MILLION)
FIGURE 52.BALLARD POWER SYSTEMS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 53.ENAPTER: NET SALES, 2018–2020 ($MILLION)
FIGURE 54.ENAPTER: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.ENGIE : NET SALES, 2018–2020 ($MILLION)
FIGURE 56.ENGIE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.ENGIE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.PLUG POWER: REVENUE, 2017–2019 ($MILLION)
FIGURE 59.PLUG POWER: REVENUE SHARE BY ACTIVITIES, 2019 (%)
FIGURE 60.ROYAL DUTCH SHELL PLC: REVENUE, 2018–2020 ($MILLION)
FIGURE 61.ROYAL DUTCH SHELL PLC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.ROYAL DUTCH SHELL PLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.SIEMENS ENERGY: REVENUE, 2019–2020 ($MILLION)
FIGURE 64.SIEMENS ENERGY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.SIEMENS ENERGY: REVENUE SHARE BY REGION, 2020 (%)

 
 

As per CXOs of leading companies, the global green hydrogen market is moving toward growth stabilization phase in its industry life cycle. Factors such as growth in demand from food & beverages, medical, chemical, petrochemicals, electronics, and glass industries propel the market growth. In 2019, in terms of share, the alkaline electrolyzer segment led the global green hydrogen market. Demand for alkaline electrolyzers is growing, owing to new approaches toward solid alkaline exchange membranes and promising market development. In addition, rise in concerns about carbon emissions, as well as need to decarbonize manufacturing, commercial, transportation, and power sectors, have compelled countries to reduce their reliance on fossil fuel-based systems and increase investments in low-carbon alternatives, such as green hydrogen.

Green hydrogen is gaining popularity as a source of energy and a CO2-free feedstock for the chemical industry around the world. As a result, demand for industrial electrolysis plants capable of producing green hydrogen at a low cost is on the rise. During the forecast period, Europe is expected to account for majority of the global green hydrogen industry. The area is investing heavily in the renewable energy sector to fulfill European Union's 2020 plan, which calls for renewable energy to account for 20% of total final energy consumption.
 

 
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A. Key factors driving the growth of the green hydrogen market include a rise in environmental concerns to curb carbon emissions and to switch to cleaner fuels to attain sustainable development.

A. Petrochemicals and food & beverages application is projected to increase the demand for green hydrogen market

A. To get latest version of green hydrogen market report can be obtained on demand from the website.

A. Ballard Power Systems, Enapter, Engie, Green Hydrogen Systems, Plug Power and Siemens Gas and Power GmbH & Co. KG. are the top companies in the green hydrogen industry

A. The market value of green hydrogen in the forecast period is anticipated to be $9.8 Billion.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Power generation is the leading segment in this market

A. Increasing research and development for green hydrogen is the main factor anticipated to drive the green hydrogen market.   

A. The expansion of power generation is expected to boost demand for green hydrogen, thus boosting the growth of the global market during the projected period.

A. Owing to the outbreak of the COVID-19 pandemic, the global green hydrogen market is expected to witness a slowdown during the next couple of years. However, the pandemic ensured a strong rise in renewable energy market, resulting in constant increase in energy demand is expected to boost the growth of the global market during the forecast period.

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